Solutions to common issues related to Taxation — Tds Tcs Data Feeding And Report.
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Step-by-step Answers
If your turnover was less than ₹10 crore in the previous financial year, or if the purchase of goods from a seller does not exceed ₹50 lakh in the current financial year, then TDS under Section 194Q would not be required.
To add new TDS category,follow these steps:
Step 1 : Click on administration
Step 2 : CLick on masters
Step 3 : Select TDS category
Step 4 : Add
Step 5 : Add new TDS category define lower rate and save
To add new TDS category,follow these steps:
Step 1 : Click on administration
Step 2 : CLick on masters
Step 3 : Select TDS category
Step 4 : Add
Step 5 : Add new TDS category define lower rate and save
To add new TDS category,follow these steps:
Step 1 : Click on administration
Step 2 : CLick on masters
Step 3 : Select TDS category
Step 4 : Add
Step 5 : Add new TDS category define lower rate and save
You can view the TDS report from below steps :
Step 1: Click on Display menu
Step 2: Then TDS/TCS Reports
Step 3: Then TDS Deduction details
Here select the category and then apply filter on party to view the report.
If for some transporters are not showing properly in the TDS report then you need to check that TDS references has been properly created or not. When th TDS references has been created properly then will reflect in the TDS report.
To add new TDS category,follow these steps:
Step 1 : Click on administration
Step 2 : CLick on masters
Step 3 : Select TDS category
Step 4 : Add
Step 5 : Add new TDS category define lower rate and save
If for some transporters are not showing properly in the TDS report then you need to check that TDS references has been properly created or not. When th TDS references has been created properly then will reflect in the TDS report.
If you want to save the voucher without TCS then either disable the option in the party master if its not required or can select the No option in the TCS auto applying window which comes while saving the voucher entry.
You can view the TDS report from below steps :
Step 1: Click on Display menu
Step 2: Then TDS/TCS Reports
Step 3: Then TDS Deduction details
Here select the category and then apply filter on party to view the report.
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